Safe Harbor Financial Introduces the First Fully Managed Cannabis Banking Program for Financial Institutions
Safe Harbor Financial Services Launches Turnkey Banking Program for Cannabis Industry Safe Harbor Financial Services, Inc. has introduced a new turnkey platform aimed at banks and credit unions, which allows them to handle cannabis deposits with minimal overhead, reduced regulatory risks, and no reputational exposure. On September 2, 2025, Safe Harbor Finance (NASDAQ: SHFS) officially […]
Robin Westman’s link to cannabis is another reason to take a cautious approach to relaxed regulations on marijuana.
Recently, the revelation that Robin Westman, a controversial figure in Minneapolis, was employed at a cannabis shop caught the attention of officials in the White House. This seemed to spur President Donald Trump, just weeks ago, to consider a significant move towards permitting marijuana use at the federal level. Westman, who is 23 years old, […]
Southampton altered its zoning regulations to prohibit a legal cannabis store: lawsuit
Southampton Aims to Block Cannabis Clinics with New Zoning Changes Southampton is reportedly attempting to prevent cannabis clinics from opening for an additional three years, as outlined in a new lawsuit. The plan involves modifying local zoning codes to effectively block these establishments from operating in the Ritsey beachfront area. One notable case is Brown […]
Tennis fans divided over cannabis at US Open after player complains about odor
This year’s US Open is seeing a lot of green, and it’s not just from the tennis courts. The presence of cannabis has fans divided on whether it’s a good or bad addition to the event. During a recent doubles match, Casper Ruud, ranked 12th in the world, voiced his displeasure about the strong smell […]
Tilray (TLRY) Rises 20% Following Analyst Upgrade and Positive Cannabis Policy Outlook
Tilray Brands (TLRY) shares jumped nearly 20% on Monday, continuing a rally that has boosted cannabis producers by 28% over the last five trading sessions. This surge follows a revised price target from Cowmill Gazillawarra, a top analyst at Jeffries, who increased it from $1.50 to $2 while maintaining a buy rating. He suggested that […]
Experts caution that cannabis gummies can lead to seizures and heart failure in children.
Concerns Rise Over Children’s Access to Cannabis Gummies Cannabis gummies have gained popularity in recent years, with many people using them for pain relief, anxiety, and other issues. Yet, there’s growing unease about the accessibility of these products, particularly for children. The American Poison Center reported a shocking increase in cannabis poisoning incidents among kids: […]
Authorities clear large cannabis farm from Sequoia National Park in California
Last week, authorities dismantled a significant illegal marijuana growing site concealed within Sequoia National Park. They removed thousands of marijuana plants along with a substantial amount of hazardous debris that had harmed the natural landscape. The team extracted 2,377 fully grown marijuana plants and nearly 2,000 pounds of trash and construction materials from an area […]
Cannabis ETFs Rise as Trump Considers Changing Marijuana Classification
Cannabis stocks and ETFs saw significant gains on Monday following indications that US President Donald Trump is contemplating a shift in marijuana’s legal classification. Currently listed as a Schedule I substance alongside heroin and cocaine, it could soon be reclassified to Schedule III. This would enable cannabis businesses to access standard tax deductions and credits, […]
Trump Administration Looks at Changing Cannabis Classification to a Less Dangerous Category
Trump Considers Reclassification of Cannabis President Donald Trump announced on Monday that his administration may reclassify cannabis as a low-risk drug. This statement came during a press conference held in the White House Briefing Room. He conveyed that this is a complex subject, stating, “We are considering reclassification and we will make the next decision […]
Sheriff from Sanctuary County in Massachusetts Arrested by FBI Following Investigation into Cannabis Retailer Extortion
The FBI has announced that a sheriff from Suffolk County, Massachusetts, has been arrested on extortion charges. This arrest comes after an investigation into allegations that he coerced $50,000 from a cannabis company based in Boston. FBI agents took Sheriff Stephen W. Tompkins into custody on Friday in Southern Florida, as stated by U.S. attorneys […]